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The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 10 November.
To compile this list, not only do we consider the week’s most-read stories and the news that matter most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
Here are the biggest property stories of the week:
1. Qld agents brace for ‘massive change in legislation’
With the state’s Property Law Act 2023 set to take effect on 1 August 2025, real estate professionals will face new mandatory disclosure rules, raising concerns around the financial and legal liabilities agents may encounter.
2. RBA hands down November cash rate
After weeks of speculation, the Reserve Bank of Australia (RBA) delivered its seventh cash rate decision for the year.
Scott Rollason has been appointed chief executive officer of the Real Estate Institute of Australia (REIA), taking the reins from interim CEO Maria Edwards.
4. Are Qld’s record low vacancy rates a ‘new normal’?
The state’s vacancy rates remained at the extremely tight level of 1 per cent over the September quarter.
5. Examining the market impact of SA’s stamp duty shake-up
A change to the state’s first home buyer policy in the June 2024 budget has already had substantial flow-on effects, according to new data.
6. RBA still sees ‘upside risks’ and ‘not ruling anything in or out’: Bullock
It’s been a year since the cash rate last moved, and while inflation is falling, the central bank has warned it still sees upside risks.
7. Bank economists firm on February rate cut
A February interest rate cut is still on the table despite a lack of guidance on the outlook for the cash rate for the beginning of 2025.
8. Tranche 2 AML reforms: A burden or opportunity for agencies?
Managed COO Rohith George believes the future for better AML compliance rests with technology advancement and adaptation.
9. How WA landlords are adjusting to new pet regulations
Three months into new rental laws coming into effect, Western Australia has reported on how its updated pets policy is working.
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